WINN ETF

On Wednesday, Harbor Capital bolstered its fund library with the launch of the Harbor AlphaEdge Small Cap Earners ETF (EBIT). “In our conversations with clients, we have heard a consistent and growing concern around the lack of profitability of small cap companies that comprise the Russell 2000 Index.

Harbor Capital Advisors introduced its new ETF, the Harbor Disciplined Bond ETF (AGGS), on Thursday. Kristof Gleich, President and CIO of Harbor Capital Advisors, explained that the ETF was created to meet the demand for a reliable, cautious approach to fixed income investing that prioritizes selecting secure investments.

WINN has been among the best performing U.S. equities ETFs over the past year.

With the end of the year quickly approaching, tax-loss harvesting is top of mind for many advisors. U.S. large-cap growth may be a compelling place for advisors to begin tax-loss harvesting.

The Harbor Long-Term Growers ETF has an impressive YTD return of 45.9%. However, 'since inception' returns are weak. The WINN ETF has benefited from large bets on the Magnificent 7 stocks and weight loss winners. However, longer term, the underlying Jennison growth strategy has underperformed its benchmark. Compared to the 'boom-bust' nature of WINN's returns, I prefer the steadier SPGP ETF that combines growth and value investing into a single 'GARP' fund.

Harbor Capital's large-cap growth ETF has handily outpaced the Russell 1000 Growth Index year to date in 2023. This demonstrates the potential strength of a distinct active approach.

WINN, an actively managed growth-centered fund, may experience more softness going forward as the higher-for-longer narrative is clearly entrenching in the market. Harbor Long-Term Growers ETF has an outstanding growth profile, with an over 21% weighted-average forward EPS growth rate, which is why it is so vulnerable now. A few indicators reveal an acute valuation problem, which exposes it to the growth premia issue amid the market factoring in a higher cost of capital.

The Harbor Long-Term Growers ETF (WINN) outpaced the benchmark during the first half of 2023, showcasing the potential advantages of active management. U.S. large-cap growth is one of the largest segments of portfolios globally, making it an important area for advisors to seek out quality funds to maximize returns for clients.

WINN is an actively managed fund targeting U.S. and foreign stocks demonstrating remarkable long-term growth prospects. Although its performance in 2022 was lackluster, it has delivered strong gains in 2023. The article discusses WINN's valuation, quality, and growth characteristics.